Opec+ to make first post-UAE production decision, as Iran blockade continues to take a toll
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Opec+ to make first post-UAE production decision, as Iran blockade continues to take a toll
VIENNA, May 3 — Seven Opec+ members are meeting today to make their first decision on oil-production quotas since the United Arab Emirates’ departure from the cartel, which added to the soaring price pressure unleashed by the Mideast war. The UAE, one of the world’s top producers, announced April 2»»»
OPEC+ hikes oil production quotas but stays mum on UAE pull-out
Add TNIE As A Trusted Source VIENNA: Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expe ... »»»
OPEC+ raises oil output quotas for 'stability' after shock UAE pull-out
Seven OPEC+ countries including Russia and Saudia Arabia increased their oil production quotas on Sunday, the organisation said. Analysts say the decision is aimed at projecting stability following the United Arab Emirates' sudden departure from the bloc effective Friday. »»»
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